On this site the information may not be as searchable as it is on the MLS. There are a few properties I have come across on the MLS that have owner financing in place. These properties vary in styles and in prices, you can search from my site or I'd happy to help set you one up.
Best of Luck
Absolutely. You may borrow even more depending on the type of property, how much you have in reserves, etc. There are some requirements to be met such as minimum loan amount, debt to income ratio, and others. Rates vary depending on the type of program selected. Presently helping a client from New Zealand buying in Florida. Call or email me to discuss.
Florida Mortgage Coach
Major bank are not very proficient when it comes to mortgages. Their expertise is checking/saving accounts, CD's and credit cards. That were they make the substantial bulk of their money and truly excell at!
The issue is that you work for your husband and your co. (at least it sounds like it) temporarily shut down for 8 months until the new office was completed. Based on what you've shared, and if you've been a W2 employee to date, the solution is simple:
- 08 & 09 W2s
- Last 30 day paystubs
- LOX explaining the 8 month gap in your salary as being a temporary laid off.
This and a different lender, go to a mortgage broker or coorespondent direct lener, should do it.
I work for a direct lender with licensed and knowledgeable LO for FLorida that can assist you if you wish.... more
Please call me and I can give you a lender reference. This is the vice president of a company that is very knowledgeable of the 203K loan process and loves down payment assistance. Thank you. Marsha Adams Century 21 Executive Team... more
If you recently filed for bankruptcy, highly unlikely you would qualify for a loan--thereafter, much will depend on the bankruptcy discharge date, credit score, overall finances, amount of money down, etc.... more
It all depends on the Complex. Has to do with the amount of residents not paying their HOA. If over 20% are in default it gets difficult to find financing. Don't give up, there are many lenders out there that may be able to help. Try this guy, he might be able to help you.
First Florida Financial Group, LLC
Correspondent Mortgage Lender
Fort Myers, Florida
If you have 2 years tax returns, are in the US legally, with a permit to work, you will be entitled to get a mortgage on a residential property. It is subject to proof of income, etc. but I could put you in touch with one of the mortgage brokers in oiur company, who specializes in buyers with visas and you could discuss your optioons with him/her. Once we know what you qualify for, we coulld take this matter further.
If you are interested, I'd be delighted to discuss this further.
Please contact me on firstname.lastname@example.org or call me on 407453-0292... more
Please don't take my comments to be any form of legal advise--it's not.
Your comment, "take your NAME off the NOTE" doesn't make sense--unless more than 1 name is on the note. Keep in mind that a bankruptcy judge has the ability to cancel/unwind any transaction that has happened within +/- 6 months of the bankruptcy.
You'll need to determine whether you can afford to continue to pay your mortgage(s). Regardless of whether the property is upside-down, if you're not paying the mortgage(s), then your lender(s) can foreclose their interests, and take away your home.
If you can't afford to pay your mortgage, then you should try to sell as soon as possible. You might consider selling with seller financing, and please keep me in mind if you're open to this.... more
Paying off debt does not mean that you will increase your credit score. Debt ratio, credit history, jobs, home address, etc. ... can make a difference to the scores. You have to learn how to read your reports and see what is on it and what you can do to actually build a better profile. Check out www.worldsbestcreditrepair.com... more
I know some hard money lenders that my investors use. We would need to discuss terms, interest rates, etc to find the best fit for you. Call me at 407-347-7493 or email me at PaulaBean@HomeOrlando.com and I'll be happy to help.... more
If you use only her credit you are limited to only her income. Will her income qualify for the loan amount needed for your next purchase? Sit down and talk with a lender to explore your options.... more